bicelo

bicelo

Hotel E-bikes with Bicelo.

HQ location
Stockholms kommun, Sweden
Website
Company register number
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DateInvestorsAmountRound
*

SEK8.0m

Early VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
SEK20202021202220232024
Revenues00000000000000000000
% growth-(85 %)203 %116 %(40 %)
EBITDA00000000000000000000
Profit00000000000000000000
% profit margin(35 %)(981 %)(392 %)(117 %)(145 %)
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

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More about bicelo
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Bicelo is an innovative e-bike rental service tailored for hotel guests who wish to explore cities and nearby attractions in a fun, effective, and eco-friendly manner. Operating primarily in the tourism and hospitality market, Bicelo provides a seamless experience through its user-friendly app, which includes hotel-specific digital guides highlighting top attractions and hidden gems. The e-bikes are designed to be light, agile, and fun to ride, featuring a top assisted speed of 25 km/h, a one-size-fits-all design, and hydraulic disc brakes for enhanced safety.

Bicelo's business model revolves around partnerships with hotels, where the company installs its e-bike stations and offers rental services to hotel guests. Revenue is generated through rental fees, which can be booked via the app. This model not only provides an additional amenity for hotels to attract guests but also promotes sustainable tourism by reducing carbon footprints.

Founded by the creators of the Swedish bicycle company BIKEID, Bicelo leverages over a decade of experience in bicycle production, marketing, and sales to deliver a high-end, design-driven product. The company aims to enhance the travel experience while promoting eco-friendly transportation solutions.

Keywords: e-bike rental, hotel guests, eco-friendly, city exploration, digital guides, tourism, hospitality, sustainable travel, hydraulic disc brakes, Swedish design.

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